Wendy's Ground Lease | Mount Orab, OH
Low Rent-to-Market | Low Rent-to-Sales Ratio
Marketing description
The Lennox/Massell Companies is pleased to present the opportunity to purchase the absolute net Wendy's ground lease located in Mount Orab, Ohio. This corporate-operated Wendy's has operated at this location since 2001, demonstrating over two decades of proven site performance and brand durability. Strategically positioned adjacent to a Kroger anchored shopping center, the property benefits from strong co-tenancy, consistent consumer traffic, and excellent visibility. It sits on an oversized parcel, providing optimal site functionality, ample parking and efficient drive-thru circulation - key fundamentals that continue to support strong sales and long-term tenancy.
The lease features more than 10 years remaining on the primary term, providing secure, predictable income, with two additional five-year renewal options extending the potential term well into the future. The lease structure includes attractive 6% rental increases every 5 years, creating steady income growth while the current rental rate remains below market. With its seasoned operating history, premier retail adjacency, and favorable rent growth, this investment offers a compelling blend of stability, upside, and long-term value.
Investment highlights
Building Size: +/- 3,148 SF
Land Size: +/- 2.398 AC
Lease Structure: Absolute Net - Zero LL Obligations
Term Remaining: 10+ Years
Renewal Options: Two, 5-year options
Rent Increases: 6% every 5-years in primary term and renewal options
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